Market Overview:
The global car bottom furnace market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for automobiles and rising adoption of advanced technologies in the automotive industry. In addition, the growing demand for lightweight materials in the aerospace and metallurgical industries is also propelling the growth of this market. Based on type, the global car bottom furnace market can be segmented into gas heating type, electric heating type, liquid fuel heating type, and others. The gas heating type segment is expected to account for a major share of this market during the forecast period owing to its high efficiency and low operating costs. By application, this market can be divided into automobile industry, metallurgical industry, aerospace industry, electrical industry,, and others segments.
Product Definition:
A car bottom furnace is a type of furnace that has a flat, horizontal hearth. This type of furnace is used to heat metals for forging or rolling.
Gas Heating Type:
Gas heating type is used in the bottom of the furnace. It is a safe and environment friendly technology as it does not release any harmful gases into the atmosphere. The gas heating types include two major technologies, indirect (or natural) gas and direct (or bottled) gas.
Electric Heating Type:
Electric heating type is used in car bottom furnace to provide heat for the car. It works by converting electrical energy into electromagnetic radiation, which is then absorbed by a metal element and converted back into electricity when it meets with the resistance of an object. The resistance of bottom furnace varies from 1,000-5,000 Ohms depending upon the material that is being processed.
Application Insights:
Automotive application dominated the global car bottom furnace market, accounting for over 45.0% share of the overall revenue in 2017. The growth can be attributed to increasing production of passenger cars and commercial vehicles in emerging economies including China, India and Brazil on account of low cost land, flexible labor markets and government initiatives to promote industry development at domestic level such as ¢â‚¬Å“Make In India¢â‚¬ policy implemented by Indian Government since 2014.
The demand for automotive products is expected to grow at a significant pace owing to rising income levels among consumers coupled with growing per capita ownership rates across various regions globally including North America and Europe Pacific which will further fuel product demand over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid growth in automobile production, which is likely to drive the demand for car bottom furnaces. In addition, rising investments by countries such as China and India are anticipated to boost industry expansion over the coming years.
The European market was valued at USD X million in 2017 and is projected to witness steady growth from 2018 to 2030 owing high product penetration across several industries including automotive, metallurgical & mining, aerospace & defense among others.
North America accounted for a significant share of revenue generated by Bottom Furnace Market on account of presence of major companies along with well-established supply chain network facilitating quick delivery timeframes for end-use industries Automobile Industry being one of them).
Growth Factors:
- Increasing demand for automobiles due to rising disposable income and urbanization in developing countries
- Growing automotive production in China, India, and other emerging markets
- Rising demand for lightweight vehicles to improve fuel efficiency
- Increasing penetration of electric vehicles (EVs)
- Proliferation of advanced materials such as aluminum and magnesium alloys
Scope Of The Report
Report Attributes
Report Details
Report Title
Car Bottom Furnace Market Research Report
By Type
Gas Heating Type, Electric Heating Type, Liquid Fuel Heating Type, Others
By Application
Automobile Industry, Metallurgical Industry, Aerospace Industry, Electrical, Others
By Companies
Kleenair, CAN-ENG, Pyradia, International Thermal Systems (ITS), Nutec Bickley, CHE Furnaces, Gasbarre, CEC, Lucifer Furnaces, Benko Products, Kleenair, Upton Industries, HKFurnace, BeaverMatic, Schlager Industrieofenbau, Lanly, Ingener, Thermal Product Solutions, Heat Shield Technologies, ANDRITZ, Pagnotta Termomeccanica, ELIOG Industrieofenbau (Rupprecht), Electrotherm Group, Henan Sante Furnace, Kai Feng Hua Neng Furnace
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
226
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global Car Bottom Furnace Market Report Segments:
The global Car Bottom Furnace market is segmented on the basis of:
Types
Gas Heating Type, Electric Heating Type, Liquid Fuel Heating Type, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automobile Industry, Metallurgical Industry, Aerospace Industry, Electrical, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Kleenair
- CAN-ENG
- Pyradia
- International Thermal Systems (ITS)
- Nutec Bickley
- CHE Furnaces
- Gasbarre
- CEC
- Lucifer Furnaces
- Benko Products
- Kleenair
- Upton Industries
- HKFurnace
- BeaverMatic
- Schlager Industrieofenbau
- Lanly
- Ingener
- Thermal Product Solutions
- Heat Shield Technologies
- ANDRITZ
- Pagnotta Termomeccanica
- ELIOG Industrieofenbau (Rupprecht)
- Electrotherm Group
- Henan Sante Furnace
- Kai Feng Hua Neng Furnace
Highlights of The Car Bottom Furnace Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Gas Heating Type
- Electric Heating Type
- Liquid Fuel Heating Type
- Others
- By Application:
- Automobile Industry
- Metallurgical Industry
- Aerospace Industry
- Electrical
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Car Bottom Furnace Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A car bottom furnace is a type of small, efficient furnace used to heat up cars. It uses the same principles as larger furnaces, but is much smaller and more portable. This makes it perfect for use in garages or other small spaces.
Some of the key players operating in the car bottom furnace market are Kleenair, CAN-ENG, Pyradia, International Thermal Systems (ITS), Nutec Bickley, CHE Furnaces, Gasbarre, CEC, Lucifer Furnaces, Benko Products, Kleenair, Upton Industries, HKFurnace, BeaverMatic, Schlager Industrieofenbau, Lanly, Ingener, Thermal Product Solutions, Heat Shield Technologies, ANDRITZ, Pagnotta Termomeccanica, ELIOG Industrieofenbau (Rupprecht), Electrotherm Group, Henan Sante Furnace, Kai Feng Hua Neng Furnace.
The car bottom furnace market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Car Bottom Furnace Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Car Bottom Furnace Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Car Bottom Furnace Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Car Bottom Furnace Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Car Bottom Furnace Market Size & Forecast, 2018-2028
4.5.1 Car Bottom Furnace Market Size and Y-o-Y Growth
4.5.2 Car Bottom Furnace Market Absolute $ Opportunity
Chapter 5 Global Car Bottom Furnace Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Car Bottom Furnace Market Size Forecast by Type
5.2.1 Gas Heating Type
5.2.2 Electric Heating Type
5.2.3 Liquid Fuel Heating Type
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Car Bottom Furnace Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Car Bottom Furnace Market Size Forecast by Applications
6.2.1 Automobile Industry
6.2.2 Metallurgical Industry
6.2.3 Aerospace Industry
6.2.4 Electrical
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Car Bottom Furnace Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Car Bottom Furnace Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Car Bottom Furnace Analysis and Forecast
9.1 Introduction
9.2 North America Car Bottom Furnace Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Car Bottom Furnace Market Size Forecast by Type
9.6.1 Gas Heating Type
9.6.2 Electric Heating Type
9.6.3 Liquid Fuel Heating Type
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Car Bottom Furnace Market Size Forecast by Applications
9.10.1 Automobile Industry
9.10.2 Metallurgical Industry
9.10.3 Aerospace Industry
9.10.4 Electrical
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Car Bottom Furnace Analysis and Forecast
10.1 Introduction
10.2 Europe Car Bottom Furnace Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Car Bottom Furnace Market Size Forecast by Type
10.6.1 Gas Heating Type
10.6.2 Electric Heating Type
10.6.3 Liquid Fuel Heating Type
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Car Bottom Furnace Market Size Forecast by Applications
10.10.1 Automobile Industry
10.10.2 Metallurgical Industry
10.10.3 Aerospace Industry
10.10.4 Electrical
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Car Bottom Furnace Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Car Bottom Furnace Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Car Bottom Furnace Market Size Forecast by Type
11.6.1 Gas Heating Type
11.6.2 Electric Heating Type
11.6.3 Liquid Fuel Heating Type
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Car Bottom Furnace Market Size Forecast by Applications
11.10.1 Automobile Industry
11.10.2 Metallurgical Industry
11.10.3 Aerospace Industry
11.10.4 Electrical
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Car Bottom Furnace Analysis and Forecast
12.1 Introduction
12.2 Latin America Car Bottom Furnace Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Car Bottom Furnace Market Size Forecast by Type
12.6.1 Gas Heating Type
12.6.2 Electric Heating Type
12.6.3 Liquid Fuel Heating Type
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Car Bottom Furnace Market Size Forecast by Applications
12.10.1 Automobile Industry
12.10.2 Metallurgical Industry
12.10.3 Aerospace Industry
12.10.4 Electrical
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Car Bottom Furnace Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Car Bottom Furnace Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Car Bottom Furnace Market Size Forecast by Type
13.6.1 Gas Heating Type
13.6.2 Electric Heating Type
13.6.3 Liquid Fuel Heating Type
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Car Bottom Furnace Market Size Forecast by Applications
13.10.1 Automobile Industry
13.10.2 Metallurgical Industry
13.10.3 Aerospace Industry
13.10.4 Electrical
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Car Bottom Furnace Market: Competitive Dashboard
14.2 Global Car Bottom Furnace Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Kleenair
14.3.2 CAN-ENG
14.3.3 Pyradia
14.3.4 International Thermal Systems (ITS)
14.3.5 Nutec Bickley
14.3.6 CHE Furnaces
14.3.7 Gasbarre
14.3.8 CEC
14.3.9 Lucifer Furnaces
14.3.10 Benko Products
14.3.11 Kleenair
14.3.12 Upton Industries
14.3.13 HKFurnace
14.3.14 BeaverMatic
14.3.15 Schlager Industrieofenbau
14.3.16 Lanly
14.3.17 Ingener
14.3.18 Thermal Product Solutions
14.3.19 Heat Shield Technologies
14.3.20 ANDRITZ
14.3.21 Pagnotta Termomeccanica
14.3.22 ELIOG Industrieofenbau (Rupprecht)
14.3.23 Electrotherm Group
14.3.24 Henan Sante Furnace
14.3.25 Kai Feng Hua Neng Furnace
